US Announces More Iran Sanctions, Sparking War Fears

The Obama Administration has announced yet another new round of sanctions against Iran today, targeting several companies that it believes are “front organizations” helping Iran to continue shipping oil abroad.

The companies were not exclusively involved in the oil industry, and the sanctions also included moves against companies believed to be linked to general international shipping. Treasury Department official David Cohen said the moves would foil “deceptive efforts” by Iran to sell oil to other countries.

The move had a negative effect on financial markets, with analysts saying that they added to concerns that the ever growing array of US sanctions were building up to a full-scale war. Oil prices likewise spiked on the news, fearing it would threaten international supply.

All this appeared insufficient from the position of Israeli hawks, as Vice Premier Moshe Ya’alon demanded that the US “show it is serious” by making even harsher statements and imposing even more sanctions in the lead-up to the next round of talks.

Author: Jason Ditz

Hey, look on the bright side. If the Persian Gulf is closed, we can always buy oil and gas from Israel.

LoneWolfWarrior

Of course there will be war with Iran – in October – during joint military operations with Irael, an Israeli gunboat disguised as an Iranian gunboat will attack a US Navy ship in a false flag arttack – Iran will be blamed – war with Iran!

Roger

Sad. But true! Obamey would do anything insane like attack Iran to get re-elected, pleasing the rich elite in the US.

JJJihad

Ever notice how all the officials at Treasury responsible for "terrorism and financial intelligence"–i.e., the Poke Iran in the Eye with a Stick Desk–have had names like Levey, Cohen, Glaser, etc?